# Profit and Loss Aptitude Questions & Answers

This section focuses on "Profit and Loss" of Quantitative Aptitude. These Multiple Choice Questions (mcq) should be practiced to improve the Quantitative Aptitude skills required for various interviews (campus interviews, walk-in interviews, company interviews), placements, entrance exams and other competitive examinations.

1. If 20% discount is allowed on the marked price then the profit is 40%. If the discount is increased to 40% then what will be the profit percentage?

A. 5%
B. 10%
C. 15%
D. 20%

2. A seller sold a cloth for Rs. 720 after giving 20% discount on the labelled price. Had he not given the discount, he would have earned a profit of 40% on the CP. what was the Cp of the cloth?

A. 541
B. 591
C. 643
D. 763

3. On selling 9 pens at Rs. 360, there is a loss equal to the cost price of 3 pens. The cost price of a pen is:

A. 40
B. 50
C. 60
D. 70

4. Sekar gives the discount of 42% for nokia phone, after he marked the price 29% more than its cost price. find his loss or profit %?

A. 24.00%
B. 27.7%
C. 26.00%
D. 25.18%

5. Reeta buys an old cycle for Rs.2500 and spends Rs.300 on its repairs. If he sells the cycle for Rs.3200, his gain percent is?

A. 14.28%
B. 14.93%
C. 16.01%
D. 12.63%

6. P sells a bike to Q at a profit of 25%. Q sells it to R at a profit of 30%.If R pays Rs.273 for it, the cost price of the bike for P is:

A. 150
B. 161
C. 1.68
D. 177

7. kalyan bought 16 types of rava of certain rupees. After a week, he sold 6 types of rava at 20%profit, 6types of rava with neither profit nor loss and 4 types at 10%loss. In this transaction, what is the profit %?

A. 4.14%
B. 5.00%
C. 6.54%
D. 3.54%

8. Sridevi sells an article at a profit of 50%. If she had bought it at 40% less and sold it for Rs.21.50 less, She would have gained 60%. Find the cost price of the article

A. 10
B. 20
C. 0.3
D. 0.4

9. A car worth Rs.2,50,000 is sold by usha to nandhini at 10 % profit. Nandhini sells the car back to usha at 4% loss. Then in the entire transaction total gain by usha is?

A. 10000
B. 14000
C. 8000
D. 11000

10. A shopkeeper sells a cricket bat whose marked price is Rs.60 at a discount of 20% and gives a ball costing Rs.3 free with each bat. Even then he makes a profit of 25%. His cost per bat is.

A. 12
B. 24
C. 36
D. 48

11. An product is sold at a loss of 10%. Had it been sold for Rs. 9 more, there would have been a gain of 12 1/2% on it. The cost price of the product is

A. 10
B. 20
C. 30
D. 40

12. In order that there may be a profit of 15% after allowing a discount of 10% on the marked price, The marked price of an book has to be increased by %?

A. 19.70%
B. 23.20%
C. 29.60%
D. 27.70%

13. Find the single discount equivalent to a series discount of 40%, 20% and 10%

A. 51.5%
B. 56.8%
C. 60.0%
D. 45.8%

14. A substance is purchased for Rs. 300. If one fourth of the substance is sold at a loss of 10% and the remaining at a gain of 5%, Find out the overall gain or loss percentage.

A. 0.75%
B. 1.75%
C. 1.25%
D. 2.35%

15. Kabi buys wheat at Rs. 15/kg and puts a price tag on it so as to earn a profit of 10%. However, his faulty balance shows 1000 gm when it is actually 900 gm. What is his actual gain percentage?

A. 20%
B. 30%
C. 35%
D. 25%

16. In a certain occupation, the profit is 110% of the cost. If the cost increases by 13% but the selling price remains constant, approximately what percentage of the selling price is the profit?

A. 46%
B. 47%
C. 48%
D. 43%

17. A dealer allows a discount of 40 % on the marked price to the retailer. The retailer sells at 10% below the marked price. If the customer pays Rs.38 for an article, what profit is made by the retailer on it?

A. Rs. 11
B. Rs. 12
C. Rs. 13
D. Rs. 14

18. A seller mixes 30% water to milk and then he sells the whole mixture at the price of milk. If the cost price of water be 50% of the cost price of milk, what is the net profit percentage?

A. 17.11%
B. 17.64%
C. 19.17%
D. 20.12%

19. Kumaran stores offered 60% discount on the marked price and there is a loss of 30%. If it is sold the MP, find the profit percentage?

A. 70.0%
B. 75.0%
C. 80.0%
D. 85.0%

20. Rithick wants to buy a computer. He bought a computer listed at Rs 6000 with discount 30% offer on the list price. What additional amount must be offered to rithick to bring the net price to Rs3950?

A. 4.95%
B. 5.95%
C. 6.95%
D. 7.95%